Malaysian glove maker Top Glove Corporation Bhd delivered a record-breaking profit for the first quarter ended November 30 2015 (1QFY16). Profit Before Tax (PBT) came in at an all-time quarterly high of RM161.3 million, surging 172.9% compared with 1QFY15 and…
Category: Industry News
TBC named new Vice President
TBC Corporation, a marketer of automotive replacement tyres, appoints Aaron Murphy as Vice President, Commercial Truck Tire Sales. Murphy will be responsible for truck tyre sales in the wholesale, retail, original equipment, and national account channels. Murphy will report to…
Russian tyre factory makes 100,000th tyre
Russian tyre factory Nizhnekamsk of the Tatneft’s tyre manufacturing Complex produced its 100,000th tyre. Production of solid steel cord tyres is one of the promising areas of the PJSC TATNEFT’s tyre manufacturing business. The factory produces tyres for assembly of…
Goodyear to present at Deutsche Bank conference
The Goodyear Tire & Rubber Company said it will webcast its presentation at the 2016 Deutsche Bank Global Auto Industry Conference in Detroit, Michigan, on January 12, 2016. Laura K. Thompson, executive vice president and chief financial officer, will provide…
Cooper Tire to present at Deutsche Bank conference
Cooper Tire & Rubber Company announced that Chief Financial Officer Ginger Jones will present at the Deutsche Bank 2016 Global Auto Industry Conference on January 12 at 3:05 p.m. EST. The conference will be webcast live at https://cc.talkpoint.com/deut001/011216a_ae/?entity=6_DV8Y5FH and can…
Irish Cement will use tyres for fuel
Irish Cement produced an information booklet ‘Investing in Our Future’ which outlines plans for the next phase of investment in Limerick Cement Works. The investment plans focus on the replacement of fossil fuels with locally produced alternative fuels, manufactured from…
SIl-Pro acquires Machining Solutions
Sil-Pro LLC recently acquired Sil-Pro Machining Solutions (formerly MMI Precision), a leading provider of high precision machining to the medical, aerospace, defense and specialty equipment markets. The acquisition will expand on Sil-Pro’s current value added manufacturing and full device manufacturing…
Barwell launches new rebuild program called Barwell twentysix
Barwell USA, a specialist manufacturer of ram preformers for the rubber industry, launched an approved used machine program called ‘Barwell twentysix’. This program has been developed to provide rubber processors with reliable second-hand ram preformers, rebuilt by the original manufacturer…
Nynas takes over Shell refinery in Germany
Nynas, a Swedish company focusing on producing and selling naphthenic specialty oils and bitumen, has now completed the takeover of the former Shell refinery in Hamburg, Germany. “The addition of Harburg to the Nynas supply network is an important step…
Evonik strengthens its German sites
Evonik is planning further large-scale projects in Germany. One of these is the construction of a new plant for production of specialty copolyesters in Witten by 2018 with an investment in the double-digit million euro range. As part of the…